Guardian Ins Co
Major Rating Factors:
Fair overall results on stability tests (4.3 on a scale of 0 to 10) including. The largest net exposure for one risk is conservative at 1.2% of capital. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years.
Other Rating Factors:
Ample reserve history (7.0) that can protect against increases in claims costs. Excellent profitability index (8.7) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 14.0%.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (44.1%), comm multi (14.8%), homeowners (7.0%), fire (2.5%), fin guar/surety (0.1%), other (31.6%)
Licensed in:
PR, VI
Principal Investments:
Investment grade bonds (73.4%), cash (23.1%), common stock (3.0%), non investment grade bonds (0.5%)
Corporate Info
Group Affiliation
Lockhart Caribbean Corporation
Investment Rating
--
Company Address
9716 Estate Thomas
Saint Thomas, VI 00802
Saint Thomas, VI 00802
Phone Number
(340) 776-8050
NAIC Number
17779
Website
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